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Strategical methodology that fosters effective construction project management

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Języki publikacji
EN
Abstrakty
EN
It has become almost impossible to have engineering and construction projects completed within the initial time and cost; this is a result of many factors the industry is being plagued with ranging from estimating time and cost. This paper presents strategic methodology that fosters effective engineering and construction projects management with respect to duration/time - cost. The project success is a two-faced phenomenon. On the one hand, project success can be approached from a triangular point of view of project objectives. Performance, cost, time, quality, and safety of a given particular project should be in accordance with the strategic objectives of work logics and methodology at the workflow organization. The main objective of this research is to develop methodology that will help company or individual construction practitioners achieve profitable objectives in the execution of construction projects. For this reason, use of multiple methods of work organization and their competitive model involving several considerations of a wide range of factors, (besides profit maximization and competition) that affect the margin-size decision; use of qualitative and subjective appropriate work organization, to more realistically capture the decision-making process were suggested. The defined optimum construction project works duration should be made in view of all major influential factors as pointed out in this paper (determinate and indeterminate) resulting into deviation of the estimated time and budget cost. At the consideration of the factors the most likely project duration time and it corresponding cost should be regulated (controlled) and some part of the estimates should be saved in form of insurance, and consequently profitable project would be achieved despite the influences of all factors affecting the project.
Rocznik
Strony
263--269
Opis fizyczny
Bibliogr. 10 poz., rys.
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autor
Bibliografia
  • [1] Kochetkov A.Y., Nikeshin S.N., est. Project Management (foreign experience), St. Petersburg 1993.
  • [2] Cha E.H.W., Au M.C.Y., Factors influencing building contractors’ pricing for time-related risks in tenders, Journal of Construction Engineering and Management 2009, 135(3), 135-145.
  • [3] Enshassi A., Halaq K. Mohammed S., Causes of contractor’s business failure in developing countries: the case of Palestine, Journal of Construction in Developing Countries 2006, 11(2), 1-14.
  • [4] Tsado T.Y., Development of work organization options in construction of facilities within the project management system and choosing the most effective option, [in:] Development in Technology and Organization in Construction Industries, SPSUACE, St. Petersburg 2001, 113-115.
  • [5] Afanaseyev V.A., Afanaseyev A.V., Workflow Organization in Constructions, Sankt Petersburg State University of Architecture and Civil Engineering (SPSUACE), St. Petersburg 2000.
  • [6] Afanasiev A.V., Aleshina E.V., Tsado T.Y., Barashevskaya Y.V. Niragire D., The estimated cost of construction of facilities and their complexes as the criterion for evaluation of the work organization, [in:] Development in Technology and Organization in Construction Industries, SPSUACE, St. Petersburg 2001, 127-130.
  • [7] Tsado T.Y., Determination of effective time of construction of facilities and complexes thereof, Proceedings of 59th Scientific Conference of professors, lecturers, researchers, engineers, and postgraduates, SPSUACE, St. Petersburg 2002, 84-85.
  • [8] Tsado T.Y., Bolotin S.A., Development of strategy for managing workflow uncertainty on a construction project, Zeszyty Naukowe Politechniki Czestochowskiej 2002 nr 154, Budownictwo 9, 165-167.
  • [9] Oyewobi I.O., Ibrahim A.D., Ganiyu B.O., Evaluating the impact of risk on contractor’s tender figure in public buildings projects in northern Nigeria, Journal of Engineering, Project, and Production Management 2012, 2(1), 2-13.
  • [10] Shash A.A., Factors considered in tendering decisions by top U.K. contractors, [in:] Construction Management and Economics, London 1993, 111-118.
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-1b912dd0-93d9-4d6b-a573-a15b4d9a0fba
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